Ex-CQS Manager Lumsden Begins Fundraising

May 6 2014 | 1:48pm ET

The new hedge fund helmed by former CQS asset-backed securities chief Alistair Lumsden is taking on clients.

East Lodge Capital Partners ran its Credit Opportunities Fund with internal capital for a month prior to opening it to outside investors on May 1. The firm expects to reach its $250 million fundraising target within three months.

Credit Opportunities returned 4.27% last month. The fund focuses on European and U.S. credit, especially corporate bonds and structured debt.

Lumsden’s CQS ABS Fund posted annualized returns of 28% during the six years before his departure in 2012.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note